Back 14 Jul 2025

Mooreast inks partnerships with Norway’s GeoProvider & Korea’s KOCECO to boost offshore renewable capabilities

Link: https://links.sgx.com/1.0.0/corporate-announcements/G7Y768RUYT0ERVZ6/832b7df7019b05b4c22e61d885d9f6e82d8f34ea831ba5c9400144fb0c7526a1

Summary:

  • Singapore-listed Mooreast Holdings has signed a Framework Agreement with Norway’s GeoProvider AS to access its extensive geotechnical and geophysical data, accelerating data analysis and supporting larger offshore wind projects.

  • GeoProvider, based in Stavanger, Norway, is a specialist in geophysical data and subsurface engineering for offshore wind, energy exploration, and carbon capture.

  • Mooreast, Asia’s only ultra-high power anchor manufacturer, sees this partnership as strengthening its offering in floating offshore renewable energy.

  • Separately, Mooreast signed an MoU with South Korea’s KOCECO, a leading underwater engineering company, to jointly develop offshore mooring and seabed anchoring solutions, targeting the growing floating offshore wind market in North Asia.

  • CEO Eirik Ellingsen said these partnerships position Mooreast to deliver more comprehensive solutions to the global offshore sector and support its strategic shift towards renewables.